Tag Archives: product development

WINNERS OF BEN FRANKLIN’S BIG IDEA CONTEST ANNOUNCED!

With a virtual audience of more than 100 Zoom participants, on Thursday, June 18, 2020, a panel of independent judges awarded (3) cash prizes in Ben Franklin’s $50,000 BIG IDEA Contest. In partnership with the Startup Alleghenies initiative, Ben Franklin Technology Partners is pleased to congratulate the winners: First place ($25,000) was awarded to Timothy…

Ben Franklin’s New ReStart Initiative Targets Counties in Central & Northern PA

STATE COLLEGE, PA – Ben Franklin Technology Partners/CNP is pleased to announce the ReStart initiative; a new program that will quickly begin investing $2 million in tech-startups and small manufacturers adversely affected by the COVID-19. By matching the generous support of $1 million in capital from the Pennsylvania Department of Community and Economic Development (DCED),…

FINALISTS IN BEN FRANKLIN’S BIG IDEA CONTEST ANNOUNCED!

Over the course of the past two months, hundreds of people located in the counties of Bedford, Blair, Fulton, Cambria, Huntingdon, and Somerset in Pennsylvania visited BIGIDEA.BenFranklin.org to check out the rules and the easy application process for our recent $50,000 contest.  This week, our team had the difficult job of identifying just six finalists…

SIX PA STARTUPS RECEIVED AN INVESTMENT FROM BEN FRANKLIN TECHNOLOGY PARTNERS

STATE COLLEGE, PA – Every year, dozens of PA startups get their start with Ben Franklin Technology Partners. The largest early-stage investor in the region, Ben Franklin provides investment capital and business support services to emerging tech-entrepreneurs and small manufacturers located in central and northern Pennsylvania. www.cnp.benfranklin.org . At the March 2020 Board of Director’s…

A Tech Business Idea Could WIN You Up To $10,000!

STATE COLLEGE, PA – In the past eight years, more than 100 teams have graduated from Ben Franklin’s TechCelerator@State College.  This successful partnership with the Invent Penn State initiative is offering local entrepreneurs, grad-students, professors, and university researchers a 10-Week Business Startup Boot Camp. The weekly sessions will run on Tuesdays, April 7, 2020 –…

Penn State Startup, RealForests, Took Home Some Real Cash!

                                         STATE COLLEGE, PA – Have you ever wondered what it would take to run your own startup? Six local entrepreneurial teams led by Raymond Robinson, Catherine Rogers, Sheridan Miyamoto, Brennan Holderman, Joseph Sinclair/Mandy Heard, and…

BEN FRANKLIN PORTFOLIO COMPANIES PITCH AT INVENT PENN STATE VENTURE AND IP CONFERENCE!

STATE COLLEGE, PA – At last week’s Invent Penn State Venture and IP Conference, more than a dozen clients in the Ben Franklin Technology Partners’ portfolio had the opportunity to showcase their company’s growth and market potential to a distinguished list of potential investors. The Invent Penn State Venture & IP Conference, which was co-sponsored…

CONGRATULATIONS TO FIVE STARTUPS THAT RECEIVED BEN FRANKLIN FUNDING

STATE COLLEGE, PA – At the September 2019 Board of Director’s meeting the largest early-stage investor in the region, Ben Franklin Technology Partners added five additional startups to its portfolio of funded clients.  Below are brief descriptions of the innovations developed by the companies. Argolytics, LLC, located in State College, developed a web-based software solution,…

ACOUSTIC TECHNOLOGY DEVELOPED BY PSU ENGINEERING GRADS IS MAKING SOME NOISE IN LOCAL BREWING COMPANY!

STATE COLLEGE, PA – Doesn’t a cold, frosty beer sound good?  Turns out, it actually does! Founded by three Penn State University engineering graduates, TZero Labs www.tzerolabs.com is a sensor technology and data-company that lets brew masters “hear the beer” as it ferments. The team at TZero, two brothers, Stephen and Nick Wells, along with…

LARGE MULTI-NATIONAL CORPORATION PUTS A “NEW SPIN” ON A SMALL LOCAL MANUFACTURER

ERIE, PA – More than 15 years ago, a Penn State Erie faculty member, Tom Briselden and his team at Spin-Works LLC, developed an innovative, silicon-carbide radiant tube insert called a SpyroCor.  The twisted “Y” design produced non-turbulent, high convection flow creating a high rate of uniform heat transfer.  At the time, there were more…